ID: IHSG Anjlok, Terendah Sejak 2016 EN: ID Composite Stock Index (IHSG) Plummets, Reaching its Lowest Point Since 2016
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The Jakarta Composite Index (JCI) fell to 4,895 on Thursday (March 12), its lowest level since 2016. Trading closed early at 3:33 PM WIB, ahead of the official closing time of 4:00 PM WIB. This was triggered by a sharp 5.01% drop in the JCI. Post-trading session continued from 4:05 PM to 4:15 PM WIB.
This early closure is in accordance with the Indonesia Stock Exchange (IDX) Board of Directors' Decree No. 10, March 10, 2020, regarding changes to the guidelines for handling trading continuity at the IDX during emergency conditions.
The JCI's movement is partly influenced by the spread of the coronavirus (COVID-19). Throughout the COVID-19 pandemic, the JCI has largely remained in the red. Compared to the beginning of the year, the JCI is down 22.28% year-to-date.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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